Jeffrey S. Gorman
Jeffrey S. Gorman notified the Board of Directors of the Company that, effective January 3, 2025, he will transition from Executive Chairman of the Board to Chairman of the Board.
Highest-materiality recent filing
All nine director nominees elected with 19.5M to 20.4M votes for; Jeffrey Gorman received 20.1M for.
Gorman-Rupp Q1 net sales up 7.7% to $176.6M; record EPS of $0.68 vs $0.46 YoY
Record net income of $17.8M ($0.68 per share) vs $12.1M ($0.46) in Q1 2025.
Gorman-Rupp posts record 2025 sales of $682.4M; net income rises to $53.0M
Q4 net sales $166.6M (+2.4% YoY); full-year sales $682.4M (+3.4% YoY, record).
Gorman-Rupp Q3 sales up 2.8% to $172.8M; GAAP EPS down, adj EPS up; facility optimization
Net sales $172.8M (+2.8% YoY); GAAP EPS $0.43 vs $0.49; adjusted EPS $0.52 vs $0.49.
Gorman-Rupp Q2 2025: record sales $179M, net income $15.8M ($0.60 EPS), orders +15.7%
Record net sales $179.0M, up 5.6% YoY; growth led by municipal (+$3.5M) and fire suppression (+$2.8M).
Gorman-Rupp elects Pamela A. Heminger, a Caterpillar SVP, as new independent director
Elected at annual meeting on April 24, 2025, effective immediately.
Gorman-Rupp Q1 2025 EPS $0.46, up 53% YoY; revenue $163.9M, +2.9%
Net income of $12.1M ($0.46 diluted EPS) vs $7.9M ($0.30) in Q1 2024.
Gorman-Rupp Q4 net income up to $0.42/share; full-year adjusted EPS $1.75 up 28% YoY
Q4 net sales $162.7M (+1.3% YoY); net income $11.0M ($0.42) vs $9.0M ($0.34).
Gorman-Rupp Q3 net income up 44%; Executive Chairman to non-executive role
Q3 net income $12.9M ($0.49/share) vs $9.0M ($0.34) in Q3 2023, a 44% increase.
Gorman-Rupp Q2 adjusted EPS $0.54, up 32% YoY; record Adjusted EBITDA $35.4M
Q2 net sales $169.5M (-0.9% YoY); GAAP net income $8.3M ($0.32 EPS) vs $10.5M ($0.40) prior year.
Gorman-Rupp refinances debt; upsizes term loan to $370M, issues $30M notes, retires sub debt
Upsized senior term loan to $370M, extended maturity to May 31, 2029 (from 2027).
Shareholders approve Gorman-Rupp 2024 Omnibus Incentive Plan; 1.24M shares authorized
Shareholders approved 2024 Omnibus Incentive Plan with 1,239,271 shares available for awards.
Gorman-Rupp Q1 net income rises to $7.9M; record orders of $178.9M up 7% YoY
Net sales $159.3M (-0.7% YoY); net income $7.9M ($0.30 EPS) vs $6.5M ($0.25 EPS) prior year.
Jeffrey S. Gorman notified the Board of Directors of the Company that, effective January 3, 2025, he will transition from Executive Chairman of the Board to Chairman of the Board.
Max materiality 0.85 · Median 0.70 · Most common event earnings